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What to Do with Your Tax Refund: 5 Smart Moves for Canadians

  Tax Season · Personal Finance By MoneySavings.ca Editorial Team • May 7, 2026 • 7 min read Tax season is wrapping up across Canada, and for millions of Canadians, that means a refund cheque — or a direct deposit — is on its way. The average Canadian tax refund hovers around $1,800. That's real money. The question is: what's the smartest thing you can do with it? It's tempting to treat a tax refund like "found money" and splurge. But here's the truth — that refund was your money all along. The government was just holding it for you, interest-free. So before it quietly disappears into day-to-day spending, let's look at five moves that will make it work harder for you. $1,800 The average Canadian tax refund — enough to make a meaningful dent in debt, pad an emergency fund, or kick-start your TFSA for the year. 1 Pay Down High-Interest Debt First If you're carrying a balance on a credit card, this should be your very first call. Most Canadian credit car...
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Measles Resurgence in Ontario: Protect Your Family Now

 

Ontario is witnessing a concerning resurgence of measles, a highly contagious yet preventable disease. With over 370 reported cases, including hospitalizations, the outbreak is primarily affecting unvaccinated individuals. Measles spreads through airborne droplets and can linger in the air for hours, making it one of the most infectious viruses.


Symptoms to Watch For:

  • High fever
  • Red, blotchy rash
  • Cough and runny nose
  • Red, watery eyes

How to Protect Yourself and Your Family:

1. Vaccination: Ensure everyone in your household is up-to-date with the Measles, Mumps, and Rubella (MMR) vaccine. Two doses provide near-total protection.

2. Check Immunization Records: Adults unsure of their vaccination status should consult their healthcare provider.

3.  Avoid Exposure: If you suspect measles, call your doctor before visiting to prevent spreading the virus.

4. Practice Hygiene: Regular handwashing and avoiding close contact with sick individuals can reduce risk.

Measles can lead to severe complications, especially in children and immunocompromised individuals. By staying informed and proactive, you can help curb the spread of this preventable disease.

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